Real Estate for Rent in South Riverdale, Toronto, ON

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Neighbourhood in Toronto

South Riverdale

community-focused diverse active family-friendly

South Riverdale is a vibrant neighbourhood in Toronto known for its diversity and community spirit. It offers a mix of residential options and amenities for families and young professionals.

High walkability score of 96 Diverse housing options available Many parks and playgrounds Good schools in the area Strong community feel
South Riverdale, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 501B, 245 Carlaw Avenue
For RentNew Listing
Listed for:

Listed 1 day ago

$3,900

Unit 501B, 245 Carlaw Avenue

Toronto (South Riverdale), ON M4M 2S1

1Bedroom
1Bathroom
1Parking
1.2K-1.4KSq Ft

Condo ApartmentFor Rent

Photo of Unit Main, 387 Leslie Street
For RentNew Listing
Listed for:

Listed 1 day ago

$2,500

Unit Main, 387 Leslie Street

Toronto (South Riverdale), ON M4M 3E3

1 + 1Bedrooms
1Bathroom
0Garage
700-1.1KSq Ft

Semi-DetachedFor Rent

Photo of Unit Lower, 145 Boston Avenue
For RentNew Listing
Listed for:

Listed 1 day ago

$3,350

Unit Lower, 145 Boston Avenue

Toronto (South Riverdale), ON M4M 2T8

2Bedrooms
1Bathroom
0Garage
< 700Sq Ft

Lower LevelFor Rent

Photo of Unit 926, 30 Baseball Place
For RentNew ListingPanoramic Views
Listed for:

Listed 1 day ago

$2,400

Unit 926, 30 Baseball Place

Toronto (South Riverdale), ON M4M 0E8

2Bedrooms
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of 1233 Dundas Street E
For RentNew ListingRooftop Terrace
Listed for:

Listed 1 day ago

$4,250

1233 Dundas Street E

Toronto (South Riverdale), ON M4M 1S4

2Bedrooms
1Bathroom
0Garage
700-1.1KSq Ft

LinkFor Rent

Photo of Unit 309, 88 Colgate Avenue
For RentNew Listing
Listed for:

Listed 2 days ago

$1,900

Unit 309, 88 Colgate Avenue

Toronto (South Riverdale), ON M4M 0A6

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

96

Walkability

out of 100 · averaged over 77 past and present listings

Average walk score reported on listings here

6.6

Schools near listings

out of 10 · averaged over 3,567 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$924,450

9% below Toronto 29% above Ontario

In South Riverdale

$924,450

In Toronto

$1,012,450

In Ontario

$717,000

Median monthly rent

$2,500/mo

6% above Toronto On par with Ontario

In South Riverdale

$2,500

In Toronto

$2,350

In Ontario

$2,500

$756

Per square foot

≈ 30.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

98

Median $924,450

Condos 55 · Houses 43

For rent

80

Median $2,500

Houses 40 · Condos 39

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Close to restaurants and cafes
  • Access to public transit
  • Family-friendly environment
  • Community events and activities

Keep in mind

  • Housing prices are above the city median
  • Higher rental prices compared to some areas

The feel of the placeLifestyle

Residents enjoy a lively atmosphere with easy access to shops and parks. Daily life here is active and community-oriented.

Great for young professionals families first-time buyers

Within the boundaryWhat's nearby

The boundary

9.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

30

Parks

33

Playgrounds

46

Transit stations

13

Grocery stores

71

Restaurants

34

Cafés

30

Gyms

2

Libraries

9

Pharmacies

Counted across all 9.1 km² of South Riverdale. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.8/10

Average rating of the 5 rated schools in this area

6

Elementary

3

Secondary

  • Riverdale Collegiate Institute

    Public · Grades 9–12 · Toronto DSB

    8.7/108.2 over 5 yrs

    33rd of 742 Ontario secondary schools

    1,600 students · EQAO 2024-2025

  • Morse Street Junior Public School

    Public · Grades JK–6 · Toronto DSB

    7.1/107.0 over 5 yrs

    808th of 3,045 Ontario elementary schools

    390 students · EQAO 2024-2025

  • St Joseph Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    6.6/105.6 over 5 yrs

    1,165th of 3,045 Ontario elementary schools

    225 students · EQAO 2024-2025

  • Leslieville Junior Public School

    Public · Grades JK–6 · Toronto DSB

    6.5/105.9 over 5 yrs

    1,231st of 3,045 Ontario elementary schools

    250 students · EQAO 2024-2025

  • Bruce Public School

    Public · Grades JK–8 · Toronto DSB

    5.3/105.3 over 5 yrs

    2,037th of 3,045 Ontario elementary schools

    260 students · EQAO 2024-2025

  • Dundas Junior Public School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    560 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South Riverdale, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

28,264

Population (2021)

9.6 km²

Area

2,945

People per km²

40

Median age

$100,868

Median income

57%

Own their home

2.3

People per household

12,705

Households

Every age

  • Children (under 15)14.0%
  • Working age (15–64)73.1%
  • Seniors (65+)12.8%

What is built here

  • Detached houses7%
  • Semi-detached18.7%
  • Townhouses13.2%
  • Duplexes5.7%
  • Low-rise apartments31.8%
  • High-rise apartments22.5%
  • Other attached homes0.6%

Own or rent

57%Owners

43%Renters

Across 12,705 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier52%
  • 1961–198011%
  • 1981–19905%
  • 1991–20004%
  • 2001–20052%
  • 2006–20107%
  • 2011–20159%
  • 2016–20219%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

28.9%
Born outside Canada
48%
Hold a degree or higher
62.9%
Employment rate
24.8%
Commute by transit
48.5%
Commute by car
1.6
Children per family
$86,306
Median income after tax
$135,726
Average household income
11.7%
Living on a low income
$1,479/mo
Renters pay, per month
$2,065/mo
Owners pay, per month
$1,107,470
Median home value at census
30.9%
Renters spending 30%+ of income on housing
18.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 46 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in South Riverdale actually rent for

729 homes were leased in South Riverdale over the 12 months to September 2026. Half leased above $2,677 and half below, 3.0% lower than the 12 months before. A typical home found its tenant in 19 days.

Median rent
$2,677
-3.0% year over year
Days to lease
19
Unchanged
Leases closed
729
last 12 months
Rent per square foot
$3.70/mo
from 602 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$4,782$3,661$2,539$1,418
Oct ’23Oct ’24Sep ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%
Of the asking rent
100.0%
Leased over asking
12.1%

From 729 leases that closed here in the last 12 months.

Rent or buy in South Riverdale

33.5 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$1,076,406

368 sales

Median rent

$2,677/mo

729 leases

Gross rental yield

2.98%

before costs

Both figures come from deals that actually closed in South Riverdale over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in South Riverdale

A single median hides this: the mix of homes behind it, and what each kind costs.

729leases
  • Condo apartment$2,62454.2%
  • Semi-detached$2,9539.9%
  • Multiplex$2,5958.9%
  • Freehold town$3,3914.9%
  • Detached$3,0654.3%
  • Other kinds of home$2,4633.2%
  • Condo town$3,2212.3%
  • Other kinds, too few of each —12.3%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — South Riverdale, rentals
Monthly closed leases in South Riverdale
MonthClosedMedianMiddle halfDays% of ask
Sep 202660$2,675$2,275 – $3,42513100.0%
Aug 202676$2,675$2,200 – $3,20020100.0%
Jul 202657$2,750$2,250 – $3,40013100.0%
Jun 202665$2,600$2,250 – $3,35015100.0%
May 202666$2,750$2,300 – $3,32513100.0%
Apr 202669$2,631$2,100 – $3,69419100.0%
Mar 202670$2,590$1,900 – $2,87522100.0%
Feb 202668$2,700$2,188 – $3,30023100.0%
Jan 202648$2,675$2,288 – $3,52529100.0%
Dec 202534$2,675$2,200 – $3,62528100.0%
Nov 202550$2,800$2,300 – $3,32515100.0%
Oct 202566$2,650$2,200 – $3,12822100.0%
Sep 202563$2,725$2,200 – $3,37518100.0%
Aug 202574$2,675$2,195 – $3,45016100.0%
Jul 202551$2,600$2,198 – $3,04823100.0%
Jun 202551$3,100$2,725 – $4,55015100.0%
May 202566$2,600$2,300 – $3,00020100.0%
Apr 202562$2,975$2,613 – $3,79916100.0%
Mar 202566$2,900$2,463 – $3,77519100.0%
Feb 202553$2,700$2,495 – $3,10016100.0%
Jan 202564$2,825$2,400 – $3,61322100.0%
Dec 202434$2,738$2,225 – $3,27522100.0%
Nov 202448$2,825$2,425 – $3,36315100.0%
Oct 202460$2,500$2,150 – $3,29322100.0%
Sep 202475$2,850$2,400 – $3,27523100.0%
Aug 202480$2,810$2,500 – $3,30029100.0%
Jul 202475$2,801$2,411 – $3,33829100.0%
Jun 202456$3,000$2,400 – $3,36339100.0%
May 202453$2,700$2,400 – $3,30043100.0%
Apr 202439$2,624$1,650 – $3,03840100.0%
Mar 202445$2,720$2,350 – $3,85048100.0%
Feb 202467$2,843$2,350 – $3,80031100.0%
Jan 2024107$2,900$2,575 – $3,15019100.0%
Dec 2023110$2,850$2,538 – $3,20017100.0%
Nov 2023152$2,765$2,369 – $3,34918100.0%
Oct 2023112$3,113$2,800 – $3,60012100.0%

What people ask about South Riverdale

How much does a home cost in South Riverdale?

Homes in South Riverdale sold for a median of $1,076,406 over the 12 months to September 2026, across 368 closed sales — half sold for more and half for less. That is 1.2% higher than the 12 months before it.

How long does it take to sell a home in South Riverdale?

A home in South Riverdale took a median of 14 days on the market over the 12 months to September 2026. Homes there closed at 99.1% of the asking price on average, with 40.5% selling over asking.

How much is rent in South Riverdale?

The median lease in South Riverdale closed at $2,677 a month over the 12 months to September 2026, across 729 leases.

Is it cheaper to rent or buy in South Riverdale?

A home in South Riverdale costs about 33.5 years of the rent on one — the median price of $1,076,406 against a median rent of $2,677 a month, a gross yield of 2.98%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in South Riverdale?

Over the 12 months to September 2026 the mix in South Riverdale was condo apartment (29.6% of sales, median $674,450), semi-detached (29.3% of sales, median $1,390,505) and freehold town (12.8% of sales, median $1,251,851).

Compiled by HOMEH from leases reported closed in South Riverdale on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in South Riverdale

A condo here is 2.1× cheaper than semi-detached houses

Half the condo apartments that changed hands in South Riverdale over the 12 months to September 2026 sold above $674,450. The neighbourhood's median across every kind of home was $1,076,406 — one number, two markets.

Condo apartment$674,450
Semi-detached$1,390,505

Median closed prices over the 12 months to September 2026, from 368 sales in South Riverdale. Medians describe the group, never one home.

Median condo sold price
$674K
109 closed sales
Median condo rent
$2,624/mo
395 leases
Days to sell
26
median, condo apartments
Share of all sales
30%
of everything that closed here

Condo townhouses are a separate market again: 10 closed here at a median of $683,750.